Shopify stock tumbles after earnings miss, announcement of $2.1 billion fulfillment acquisition

Shares of Shopify Inc. were sliding 15% in premarket trading Thursday after the e-commerce company fell short of expectations with its latest results and said it would spend $2.1 billion to acquire fulfillment-technology provider Deliverr. The company reported a first-quarter net loss of $1.5 billion, or $11.70 a share, versus net income of $1.3 billion, or $9.94 a share, in the year-earlier quarter. Shopify's performance on the metric in the latest quarter reflected $1.6 billion in net unrealiz
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